Sunday, December 13, 2009

Woods, Martial Law and Bonds

President Arroyo lifted martial law in Maguindanao. Her move saves the House of Representatives from deciding if Proclamation 1959 should be revoked or extended amid a resolution passed by the majority of senators who considered the presidential order unconstitutional.

It was unconstitutional, and the Supreme Court, unless it was prepared to be degraded in the eyes of the Filipino people, would have declared it so.

So, to preempt anymore loss of face both from the Senate and the Supreme Court (the Lower House-Congress would have approve it being a rubber stamp of GMA)- the Martial Law was lifted, hehehe.


Tiger Woods. A car hydrant-bump to worldwide scandal, that potentially will cost in the hundreds of millions of dollars and the joy of millions around the world watching him play golf.

Please take that driving easy next time. On the second thought, things always happens - mostly- for a good reason. Maybe it was about time that "things" get exposed for the good of everyone involve.



Basically bond prices: When interest rates rise, bond prices fall and bond yields rise; when rates fall, bond prices rise, and bond yields drop.

It should happen like this.

But, what do you see in the US market?


The Italian Prime Minister Silvio Berlusconi is hospitalised after an attack in Milan. Here is the video: